South American Real Estate News
/ Month / March

Start-Up Chile chosen as the most innovative company in Latin America

Fast Company magazine announced its annual ranking of the world’s 50 Most Innovative Companies for 2017, honouring leading enterprises and rising newcomers that exemplify the best in nimble business and impactful innovation. Earning the No. 1 spot on the list this year in the Latin American list is Start-Up Chile, the program of the Chilean Government, for creating (and retaining) new business in Chile. In Fast Company’s words “The technology and startup boom is in full swing in the South American country,…

Argentina opens market to Budget Airlines – adds 135 domestic routes

Argentina’s government plans to allow the first budget airline to begin flying in the country, opening up one of the biggest untapped domestic airline markets to increased competition. The move, which includes the approval of 135 new airline routes, is the latest in a series of pro-business measures by President Mauricio Macri since he began overhauling the economy last year. “We have fewer flights per capita than Bolivia and Ecuador and almost a third of the flights in Chile,” Mr Macri said. “We are…

Adecoagro is looking to expand in Argentina and Brazil

Adecoagro revealed that executives had been “travelling all around” southern Brazil investigating potential sugar acquisitions, and was mulling growth in the likes of rice, dairy and beef, after slashing its debts in a “milestone” year. Mariano Bosch, chief executive of the South American farm operator – of which George Soros’s Soros Fund Management is a major shareholder – said that it had been looking at “many, many mills that are for sale in Brazil” with…

Argentina and Brazil will have high rates of growth this year

Expect more good news than bad when it comes to global growth this year, led by recoveries in several of Latin America’s largest economies, a pickup in the U.S., and continued robustness from China and India. The expectation is that 62 economies are slated for an improvement compared with last year, while 33 will see a deterioration, according to an analysis of the latest Bloomberg consensus outlook. Near the top of the list are Argentina and Brazil, both set to shift from contraction to expansion, along…

Uruguay Farmland boom has turned to a bust with prices down dramatically

Prime Uruguay farmland used for grain agriculture has experienced a boom in the past few years, even surpassing beef as the country’s main export item, reaching a price plateau around two years ago when top cropping farms, with irrigation, topped  12,000 USD per Ha in favoured locations. However many of these operations can be traced to money looking for safe havens, given the earlier world financial crisis, and not necessarily increasing production or looking for high yields. Therefore renting farmland…

8 Common Issues and Hurdles with Early Start-Up Business Development in Latin America

Harris Gomez Group has been helping companies enter the Latin American market for 15 years. Throughout the years, we have worked with hundreds of companies, from small to large, as they have tried to enter the Region, all with varying strategies. We like to say around our offices that we have seen the good, the bad, and the ugly. We often run into companies that are interested in developing the different Latin American markets for their products/services. The problem is that many companies end up doing…

Argentina: Private – Public Partnership Regime Overview

image of iBuenos Aires is a Slice of Food Heaven
The Argentine government has issued new regulations for public-private partnership (PPP) contracts in the public works sector, which are expected to streamline the process and bring at some US$40bn in infrastructure investments, according to state news agency Telám. Since Macri assumed power in Argentina, he has lifted currency controls, cut subsidies and brought the country out of a 15-year default by settling with holdout creditors. Now, he needs foreign investment to compensate for the decline in weaker…

The Key to Protecting Your IP in Latin America

Written by Andrea Dawson, Senior Lawyer and IP Specialist. Owners of intellectual property (IP) have many ways to protect their valuable assets. Perhaps, the most obvious way is to register intellectual property in the relevant jurisdictions and then enforce those IP right against third party infringers. When it comes to doing business in which your IP is involved, specially in Latin American countries, two key points should be taken into account: (1) that your IP rights be registered before the relevant governing…

Peru: Early season avocados to ramp up in 2017, says ProHass president

Exponential growth in avocado production out of Peru is no secret in the global produce industry, but the head of grower association ProHass says the country’s earlier production regions will start to make their presence felt this year. ProHass’ relatively new president Daniel Bustamante, who assumed the role in November last year, told Fresh Fruit Portal it has historically been the case that Peru supplies the European market from May to August-September. “Today because of the new production areas in…

Airbnb exploring long-term Residential Rentals as an option

Airbnb has quickly become a favourite destination for travellers looking for somewhere to stay on vacation. Now the home-sharing startup is interested in doing the same for people who want to find a place to live. Airbnb is considering an expansion in the long-term rental business and has asked McKinsey & Co. to research the market, said two people familiar with the matter. The consulting firm’s work involves conducting competitive analysis of Craigslist, said the people, who asked not to be identified…

Argentina Eyeing Lithium Superpower Status Amid Battery Boom

If all projects go ahead, output would reach 165,000 tonnes/yr Argentina says CITIC among companies wanting to mine lithium Argentina has some good news for Elon Musk’s Tesla Inc., and bad news for lithium producers elsewhere: the country may be about to flood the market with lithium. After President Mauricio Macri removed currency and capital controls and taxes introduced by his predecessors, about 40 foreign companies began to consider opportunities in Argentina’s mining industry, more than half of those…

World’s largest robotic dairy Shed coming to Chile

By the start of this year, Agricola Ancali’s 6,500 cow dairy near Los Ángeles, Chile was home to 64 individual robotic milkers. It was formally announced June 22 in 2016 that Fundo El Risquillo farm owned by Agricola Ancali will become the world’s largest robotic dairy. The dairy currently milks 920 cows with 16 DeLaval VMS robotic milkers. The first eight robots were installed in October 2014, and another eight were installed at the end of March. At the moment, four rotary parlours milk another 5,600…

Agribusiness opportunities in emerging markets

If you are looking for portfolio diversification using farmland, we can show you options that are very practical for the mid-sized and larger investor. GTSA  offers options for direct and indirect opportunities for farmland ownership in emerging economies such as Paraguay, Uruguay and Peru. Farmland is an attractive long-term investment that offers current income, capital appreciation, an inflation hedge and favorable diversification that is negatively correlated with traditional asset classes such as equities.…

The Buenos Aires Botanical Garden designed by French Landscape Designer Carlos Thays

The Buenos Aires Botanical Garden (official name in Spanish: Jardín Botánico Carlos Thays de la Ciudad Autónoma de Buenos Aires) is located in the Palermo neighborhood of Buenos Aires in Argentina. The garden is triangular in shape, and is bounded by Santa Fe Avenue, Las Heras Avenue and República Árabe Siria Street. The garden, which was declared a national monument in 1996, has a total area of 6.9772 ha (0.026939 sq mi; 17.241 acres), and holds approx 5,500 species of plants, trees and shrubs, as well…

Latin America: Agricultural perspectives from Rabobank

The Latin American region is an important net exporter of food and agricultural commodities, accounting for 16% of total global food and agriculture exports and 4% of total food and agriculture imports. The region is one of the few parts of the world with significant resources of unexploited agricultural land (concentrated in Brazil and Argentina), suggesting the region will continue to play a pivotal role in global food production and exports in the future. Many of the region´s countries have achieved respectable…